The Research Of Official Incentives,Government Preference And Regional Economic Growth

China's economy has been on track more than 30 years,the government can be seen everywhere.With the enrichment of officials incentive system,local government has evolved different government preferences to stimulate regional economic growth.However,with the continuous improvement of economic level,there have been many economic and social problems.How to change the incentive mechanism of distorted officials and correct the singularity of government preferences is the most important problem to be solved right way.In this paper,theoretical reasoning and empirical analysis of a combination of methods to study.In theoretical reasoning,the promotion incentive is divided into investment maximization promotion incentive and service maximization promotion incentive,and financial incentive is divided into three types: fiscal decentralization incentive,transfer payment incentive and maturity soft debt restraint incentive in recent years.In using of bureaucratic economic theory,promotion of tournament theory,economic growth theory we have the theory analysis.In the empirical part,we use panel error correction model,nonlinear panel model,panel simultaneous equation model,panel fixed effect and random effect model to validate the hypothesis.The study found that the investment maximization incentive in the short term will rapidly promote economic growth,and service maximization promotion incentives on long-term economic growth has a significant role in promoting.After dynamic clustering analysis,the paper analyzes the relationship between promotion incentive,government preference and economic growth through the simultaneous equation.The results show that the investment preference maximization incentive has the significant effect on the service preference.And the maximization of service incentives than investment maximization of incentives to promote local governments to develop a balanced preference to promote sustained economic growth.The study also found that fiscal decentralization has the best impact on the economy;transfer payment incentives have a negative effect on the economy both in the short and long run;the local government debt has a positive effect on the economy in the short run,but will have an negative impact on the economy over time.Further analysis of the government preference variables found that fiscal decentralization incentives to guide the balance of preference,transfer payment incentives to guide service preferences,soft debt constraints incentive to guide investment preferences.While investment preference has a positive effect on economic growth,but balanced preference is better than economic growth.Service preference has a negative effect on economic growth.Finally,the optimal level of fiscal decentralization incentive is calculated according to provincial data.Based on the conclusions,we propose some recommendations based on different points.In this paper,the incentive mechanism is divided into promotion incentives and financial incentives to explore the economic effects.In addition,the empirical part of this paper uses a wealth of measurement methods,the results more convincing.